$Palantir (PLTR.US)$ Last night's closing price has already ...

Nasdaq hits 20k, with PLTR, MSTR, and AXON included in the NDX

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Jackson Au joined discussion · Dec 12, 2024 01:05

Last night's closing price has already fallen below the uptrend line. The high opening today failed to achieve a strong rally. It briefly dropped to a position of 68 before rebounding to a high of 71, but still couldn't break through the downtrend line. Furthermore, the Bid gradually weakened. It can be inferred that there are many people offloading at the high level of 80, causing many trapped positions.

The weekly and monthly Trendlines are still at overbought levels, which doesn't mean they won't rise, but the recent increase is too fast to keep up with the PE ratio. A proper pullback is also a good opportunity for everyone to get on the ride.

This article does not provide any buying or selling recommendations. Please trade cautiously.

$Palantir (PLTR.US)$ Last night's closing price has already fallen below the uptrend line. The high opening today failed to achieve a strong rally. It briefly d...

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Jackson Au

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